2022
Exports
$33.4MWorld Rnk 10 / 194
Flag Rnk 338 / 1216
2022
PRODUCT COMPLEXITY IN Cutlery Sets
-0.066Rnk 570 / 1025
2022
Imports
$15.6MWorld Rnk 44 / 218
Flag Rnk 627 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $33.4M in Cutlery Sets, making it the 10th largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 338th most exported product in Portugal. The main destination of Cutlery Sets exports from Portugal are: Spain ($6.66M), Japan ($4.12M), France ($3.08M), United States ($2.56M), and South Korea ($1.75M).

The fastest growing export markets for Cutlery Sets of Portugal between 2021 and 2022 were Spain ($1.11M), Canada ($745k), and Turkey ($668k).

Imports In 2022, Portugal imported $15.6M in Cutlery Sets, becoming the 44th largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 627th most imported product in Portugal. Portugal imports Cutlery Sets primarily from: Spain ($5.15M), China ($3.92M), Netherlands ($2.12M), Germany ($1.15M), and France ($911k).

The fastest growing import markets in Cutlery Sets for Portugal between 2021 and 2022 were Spain ($2.48M), China ($1.7M), and Netherlands ($534k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cutlery Sets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.4M
IMPORTS (2022)$15.6M
NET TRADE (2022)$17.8M

In 2022, Portugal exported $33.4M in Cutlery Sets. The main destinations of Portugal exports on Cutlery Sets were Spain ($6.66M), Japan ($4.12M), France ($3.08M), United States ($2.56M), and South Korea ($1.75M).

In 2022, Portugal imported $15.6M in Cutlery Sets, mainly from Spain ($5.15M), China ($3.92M), Netherlands ($2.12M), Germany ($1.15M), and France ($911k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$1.11M (20.1%)
Canada$745k (105%)
Turkey$668k (421%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY Portugal WERE (2021 - 2022):
South Korea-$1.36M (-43.7%)
Sweden-$562k (-44.6%)
Russia-$363k (-87.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Cutlery Sets were:
In 2022, Portugal's main importing competitors in Cutlery Sets were:

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Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.58M
TOP IMPORT POTENTIALChina+ $1.49M

Cutlery Sets’s highest export potential is United States. With an export gap of $1.58M.   Cutlery Sets’s highest import potential is China with an import gap of $1.49M.

See methodology.

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